Trends + Ratings

Lonsec upgrades K2 Australian Absolute Return Fund

Research House Lonsec has upgraded its rating of the K2 Australian Absolute Return Fund to ‘Recommended’ as part of its most recent Australian Equities – Australian Long Short Sector Review.

K2 Asset Management has been managing Absolute Return Strategies since 1999, with this Fund having a 19 year Track Record.

Lonsec’s rating is predicated on their increased conviction in the quality of K2’s key personnel and improved research framework. Further, Lonsec said that they maintain conviction in the performance-oriented ‘boutique’ corporate structure and the long term track record of downside protection”.

K2 Asset Management’s Managing Director, Campbell Neal said “we are extremely pleased with the outcome of this review cycle undertaken by Lonsec. The K2 Absolute Return Fund allows investors access to an absolute return Fund. Pleasingly, the Fund has been managed by the same 4 Portfolio Managers for over 12 years, which reflects both the stability of the investment team and the philosophical alignment to absolute return investing”.